Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Scuderia Ferrari. It also provides after-sales and shipping services. As of January 31, 2021, the company operated 47 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. The company also sells directly to consumers via its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.
IPO Year:
Exchange: NYSE
Website: movadogroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/2/2025 | $31.50 | Buy | BWS Financial |
| 9/29/2023 | $41.00 | Buy | The Benchmark Company |
~ Net Sales of $131.8 million ~ ~ Operating Income of $0.3 million and Adjusted Operating Income of $0.9 million ~ ~ EPS of $0.06 and Adjusted EPS of $0.08 ~ ~ Board Approves Quarterly Dividend of $0.35 Per Share ~ Movado Group, Inc. (NYSE:MOV) today announced first quarter fiscal 2026 results for the period ended April 30, 2025. Fiscal 2026 First Quarter Highlights Net sales of $131.8 million versus $134.4 million in the first quarter of fiscal 2025; Gross margin of 54.1% compared to 54.3% in the prior year period; Operating income of $0.3 million, including $0.6 million of expenses related to a cost-savings initiative, compared to $2.1 million in the prior year period;
Movado Group, Inc. (NYSE:MOV) invites investors to listen to a broadcast of the Company's conference call to discuss first quarter fiscal year 2026 earnings results on Thursday, May 29, 2025, at 9:00 a.m. Eastern Time. A press release detailing the Company's first quarter fiscal year 2026 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President and Chief Financial Officer. Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 13754012 approximately ten minutes
~ Fiscal 2025 Net Sales of $653.4 million ~ ~ Fiscal 2025 Operating Income of $20.0 million and Adjusted Operating Income of $27.1 million ~ ~ Fiscal 2025 EPS of $0.81 and Fiscal 2025 Adjusted EPS of $1.12 ~ ~ Fourth Quarter Net Sales of $181.5 million ~ ~ Fourth Quarter EPS of $0.36 and Fourth Quarter Adjusted EPS of $0.51 ~ ~ Board Declared Quarterly Dividend of $0.35 Per Share ~ Movado Group, Inc. (NYSE:MOV) today announced fourth quarter and fiscal year 2025 results for the periods ended January 31, 2025. As previously announced, on April 11, 2025, the Company filed a Current Report on Form 8-K in which it presented restated prior-period financial results for each of the three fis
Provides Preliminary Net Sales, Gross Margin, and Operating Income Results for the Fourth Quarter and Fiscal Year 2025 ~ Board Declares Quarterly Dividend of $0.35 Per Share ~ Movado Group, Inc. (NYSE:MOV) invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal year 2025 earnings results on Wednesday, April 16, 2025 at 9:00 a.m. Eastern Time. A press release detailing the Company's fourth quarter and fiscal year 2025 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President, Chief O
LOS ANGELES, Feb. 25, 2025 /PRNewswire/ -- Jessica Alba hosted the second annual Culture Makers event at her home in partnership with Movado (NYSE:MOV) and Elle Magazine. The co-hosts for the evening along with Alba included Nina Garcia, Editor-in-Chief, ELLE Magazine and Tracy Brennan, Senior Executive at CAA. Jessica and Tracy created and launched Culture Makers in 2023 with the purpose of uniting, celebrating, and honoring the Hispanic and Latin community. "I am thrilled to host another #CultureMakers event this year. Since our first gathering, #CultureMakers continues to g
Exclusive collaboration highlights Adams' vision of the black experience through contemporary cubism and Movado's iconic Museum Dial with limited edition watches, clocks and collectors set PARAMUS, N.J., Jan. 17, 2025 /PRNewswire/ -- Movado Group, Inc. (NYSE:MOV) is proud to announce its new Artist Series collaboration with Derrick Adams, a multidisciplinary artist, and one of the leading black artists of the 21st century. This collaboration celebrates the Black experience, employing vibrant and joyous colors by pairing iconic design with contemporary cubism. Adams has held several solo exhibitions at institutions across the country, including The Cleveland Museum of Art, The Momentary, Crys
Movado Group, Inc. (NYSE:MOV) today announced that the Company will participate in a fireside chat presentation and host investor meetings at ICR Conference 2025 being held January 13th through January 15th, 2025 at the Grande Lakes Orlando in Orlando, Florida. The fireside chat presentation will be held on Tuesday, January 14th, 2025 at 2:00pm Eastern Time. Efraim Grinberg, Chairman and Chief Executive Officer, will host the fireside chat presentation. Sallie DeMarsilis, Executive Vice President, Chief Operating Officer and Chief Financial Officer, will join Mr. Grinberg for investor meetings held during the conference. Movado Group, Inc. designs, sources, and globally distributes and se
~ Net Sales of $182.7 million ~ ~ Operating Income of $6.6 million and Adjusted Operating Income of $9.3 million ~ ~ EPS of $0.22 and Adjusted EPS of $0.37 ~ ~ Updates Fiscal Year 2025 Outlook ~ ~ Board Approves New Share Repurchase Program and Declares Quarterly Dividend of $0.35 Per Share ~ Movado Group, Inc. (NYSE:MOV) today announced third quarter and nine-month results for the periods ended October 31, 2024. Efraim Grinberg, Chairman and Chief Executive Officer, stated, "We continued to advance our strategy in the third quarter, unveiling a captivating Movado brand-building marketing campaign in September, launching iconic product families across our brand portfolio, and de
Movado Group, Inc. (NYSE:MOV) invites investors to listen to a broadcast of the Company's conference call to discuss third quarter fiscal year 2025 earnings results on Thursday, December 5, 2024 at 9:00 a.m. Eastern Time. A press release detailing the Company's third quarter fiscal year 2025 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie DeMarsilis, Executive Vice President, Chief Operating Officer and Chief Financial Officer. Investors and analysts interested in participating on the call are invited to dial (877) 407-0784 and reference conference ID number 137502
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE:AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE:BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE:MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (NYSE:J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction